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Mon 27 Sep 2004, 17:16 MESSINA LIMITED - TRADING STATEMENT
MESSINA LIMITED - TRADING STATEMENT                                             
MESSINA LIMITED                                                                 
(Registration number 1950/035912/06)                                            
Share Code:  MES                                                                
ISIN:  ZAE000004438                                                             
(`Messina` or `the company`)                                                    
TRADING STATEMENT                                                               
Messina is currently finalising its results for the six months ended 30 June    
2004, which should be released on SENS on 29 September 2004. In this regard,    
shareholders are advised that Messina will be reporting a headline and basic    
loss per share of between 600 cents per share and 615 cents per share.          
This is largely attributable to the continued strength of the Rand and the mine 
still being in a build up stage to full production.                             
The estimated financial information on which this trading statement is based has
been reviewed but not reported on by the Company`s auditors in accordance with  
the JSE Securities Exchange South Africa Listings Requirements.                 
Rosebank                                                                        
27 September 2004                                                               
Sponsor                                                                         
RAND MERCHANT BANK                                                              
(A division of FirstRand Bank Limited)                                          
CORPORATE FINANCE
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